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Replies to post #31624 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)
RickNagra
08/30/20 11:13 PM
#31629 RE: footballref-8541 #31624
I think we can expect a delay tmrw so a re-evaluation of assets can be done. We may see a pop tmrw but a bigger move when the evaluation is done. I think he increases the budget of the ad hoc committee without a full EC because of the full investigations the EC would implement. They have openly discussed controlling the stock price and this does both. Full EC will pop it by a couple bucks.